Sapiens (SPNS) Releases Latest Underwriting Solution

Sapiens International Corporation (NASDAQ: SPNS) today announced the release of Sapiens UnderwritingPro v14, the most advanced version of its award-winning, automated underwriting and new business case management system for life & annuities insurers.

The release delivers significant functional and technical enhancements, accelerating greater operational efficiency, seamless communication, and advanced AI-driven capabilities. Sapiens UnderwritingPro v14 utilizes the latest advancements in digital technology and is designed to address the evolving needs of insurers in collaboration with user feedback.

The release includes groundbreaking features such as AI integration, including enhanced underwriting decisions with predictive analytics and intelligent insights to enable speed and precision. An innovative agent communication portal revolutionizes the agent-underwriter experience with streamlined interactions empowering agents to provide faster, more informed client service while enabling underwriters to manage workloads effectively.

Building upon Sapiens' robust capabilities for automating underwriting decisions through user-configurable rules and the industry-leading underwriter workbench, the new release also enhances features for easier control and management of underwriting rules. This includes work item configuration to simplify and customize workflow management and streamlined deployment practices to enable efficient migration of rules across environments.

"Our new version of UnderwritingPro reflects Sapiens' strategic commitment to innovation and continuous development driven by industry trends, and input from our user community," said Roni Al-Dor, Sapiens President and CEO. "This latest release takes automated underwriting to the next level by integrating AI and provides tools that empower insurers to deliver faster, smarter, and more accurate underwriting decisions."

Sapiens UnderwritingPro is a highly configurable, automated underwriting and new business case management system. It enables life, health, and annuities insurers to automate decisions, streamline underwriting processes, reduce turnaround times, and improve operational accuracy while providing an exceptional user experience.

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